06/18/25
What's Happening in Kansas City Real Estate This Week

As we move further into June, the Kansas City real estate market is showing continued growth, with increases in new listings, homes sold, and pending sales. While there are slight adjustments in average sold prices and days on market, the overall market remains active. Let’s dive into this week’s numbers and compare them to last week’s changes to better understand how the market is evolving.

New Listings:

This week, the number of homes listed has increased by 4%, bringing the total to 869 homes. This is a positive sign as inventory continues to rise compared to last week’s 837 homes. With more homes entering the market, buyers have more options to choose from, and sellers will benefit from a larger pool of potential buyers.

Homes Sold:

The number of homes sold has risen by 11%, now standing at 957 homes. This is a solid increase compared to last week’s 860 homes sold. The uptick in closed sales shows that buyer activity is still strong, and well-priced homes are moving quickly. It’s a good sign that the market is still healthy and that homes are being sold efficiently.

Average List Value:

The average list price has increased by 2%, now at $425,152. This follows last week’s $418,403 and indicates that sellers are pricing their homes higher as demand continues to be strong. With more listings entering the market, this slight increase in list prices reflects the ongoing market strength.

Average Sold Price:

The average sold price has decreased by 1%, now sitting at $390,398. This slight dip follows last week’s $393,410 and may suggest that buyers are negotiating better deals or that more affordable homes are selling. However, the overall market still remains strong, with homes continuing to sell for solid prices.

Price Reductions:

The number of homes with price reductions has increased by 8%, now at 898 homes. This follows last week’s 834 homes. Price reductions are a normal part of the market, especially as competition increases. Sellers who are adjusting their prices may find it easier to attract buyers, and buyers can explore homes that are now more affordable.

Pending Sales:

Pending sales have increased by 2%, now totaling 872 homes. This is a positive sign compared to last week’s 853 homes pending sale, showing that buyers are still actively making offers and moving forward with their decisions. The increase in pending sales suggests that the market is still strong and that there is continued demand for homes.

Homes Going Back on the Market:

The number of homes going back on the market has increased by 14%, now at 180 homes. This follows last week’s 159 homes returning to the market. While a slight increase, it may indicate that some deals are falling through or that buyers are reconsidering their choices. For buyers, this can present opportunities to explore homes that may have been previously under contract.

Average Days on Market:

The average number of days on market has increased by 3%, now standing at 35 days. This is a small increase from last week’s 34 days, indicating that homes are taking just a bit longer to sell, possibly due to more listings becoming available. However, 35 days is still relatively fast, showing that the market remains active and homes are moving quickly when priced right.

What Does This Mean for You?

Overall, the Kansas City real estate market is continuing to show positive signs of growth, with more listings entering the market and a steady number of homes being sold. While there are some adjustments in the average sold price and days on market, the overall market remains active and competitive. Sellers should continue to price their homes strategically to attract serious buyers, while buyers have more options available as inventory rises.